- In August 2023, Tata Consumer Products entered the premium cold-pressed oils market by launching its 'Tata Simply Better' brand, offering four variants including Virgin Cold Pressed Coconut Oil and Cold Pressed Groundnut Oil. This moves targets health-conscious consumers seeking pure, unrefined cooking oils, enhancing Tata’s presence in the premium segment
- In October 2023, Bunge expanded its refining capabilities by signing an asset purchase agreement for a state-of-the-art port-based refinery at the IMTT Avondale Terminal in Louisiana. This multi-oil refinery is expected to boost operational efficiency and broaden Bunge’s customer base
- In 2022, Shree Ram Proteins Ltd announced plans to diversify by building a new oil refinery, aiming to launch Rape Seed, Groundnut, and Cottonseed Oils by early 2023 to meet rising domestic demand and expand its product portfolio
- In November 2022, Chemsta commissioned a 200 TPD refinery for the Luhua Group in Xiangyang, producing high-quality rapeseed and peanut oils. This development reflects Chemsta’s commitment to increasing production capacity and meeting market needs with advanced processing technologies
- In June 2022, Gulab Oils revamped its edible oil range and embarked on a nationwide expansion, aiming to increase daily production capacity from 100 to 1,000 tons and extend its market reach to ten states by 2024, supporting growing consumer demand
- In April 2022, Gemini Edibles & Fats India Ltd expanded its Freedom Healthy Cooking Oil range by launching a 5-liter jar of Freedom Groundnut Oil, popular in southern India for its flavor and health benefits, addressing consumer preferences for quality oils
- In November 2021, Cargill strengthened its position in southern India by acquiring a refinery in Nellore, Andhra Pradesh, investing USD 35 million to upgrade production capacity, which is expected to improve supply chain efficiency and meet increasing regional demand
